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URL:  http://boards.fool.com/i-recd-your-post-this-morning-but-i-had-to-run-30343622.aspx

Subject:  Re: Holy Cow!!! got a raise today!!! Date:  10/26/2012  5:46 PM
Author:  blesto Number:  231 of 300

I rec'd your post this morning but I had to run and now I'm gonna post.

I think DRIPs are great, but they were created during an era when brokers charged outrageous fees and you had to buy in lots of 100 shares.
So - many companies, to promote themselves and their stock provided this service for the small guy and employees. The company's share plan could buy in these 100 share lots easily with the pooled dividends and then split the shares accordingly among the DRIP holders. Those 100 share lots were also why companies would split their shares frequently, to make 100 shares within reach of other investors.

Now here we are wit